David G Sayles Insurance Services

Fraud can be expensive. A 2018 global report from the Association of Certified Fraud Examiners (ACFE), which garnered data from 23 different industries and 125 different countries, found $7 billion in total losses, amounting to $130,000 per individual case. For a nonprofit, a case of fraud could be devastating, especially if you’re working with a stringent budget.